All the latest news relating to the Repossession/Recovery Industry, national and international.
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Latest News [ 22 ]
- Vehicle repossession goes wrong in Elk River
- F&I managers will see more lenders putting electronic tethers on loan payments by Donna Harris
- What Do Lenders Value Most from Repo Partners? By Joe Miller, AutoIMS from Auto Remarketing
- Man shoots himself in arm after fighting with repo man
- Repo Man Injured By Driver In Fairborn
- Repossessor advises banks against reclaiming aircraft by Mark Huber
- Consumers Can Now Select Special Chrysler Incentives – from AutoRemarketing
- Direct, Indirect Auto Loan Delinquencies Improve – from AutoRemarketing
- “Repo-Madness” – New Report Is a Must-Read
- ‘Repo-man’ alibi didn’t fool Duke City residents
- Scammers using Web to rip off car buyers
- GM acquisition of AmeriCredit Corp for 3.5bn seen as a big mistake
- One Ugly Auto Dealer Trick Down, The Rest? Status Quo
- Russia plans auto loan-backed bond as car sales surge
- Chrysler Financial may lend big again
- The Bailout, One Year Later: Where Are They Now?
- Summerville woman charged with attempted murder of repo man
- Tow Truck War Erupts in Philadelphia After Driver Allegedly Shoots Towing Rival
- Former college dean has car repossessed during trial
- Nod for car repossession without court order
- Alpena man mulling plea deal in felonious assault case involving repo man
- More private planes repossessed
Columns and Features [ 5 ]
Other [ 1 ]
Technology [ 2 ]
MVTRAC Appoints Director for 2010-2011 Advisory Board Maria Olson of AZ Asset Recovery Chosen to Lead Industry Board Promoting Communication, Professionalism and Best Practices
Palatine, IL (June 24, 2010) –MVTRAC, provider of the leading motor vehicle data network for public and private organizations, today announced it has appointed Recovery Industry veteran Maria Olson of AZ Asset Recovery, LLC as director of its 2010-2011 Advisory Board. In this role, Olson will facilitate communications, events, memberships and other board objectives. The MVTRAC Advisory Board... Continue »Unemployment Benefits Expire Forcing More to Walk Away From Car Leases
Source - - from LeaseTrader.com LeaseTrader.com, the nation's most popular marketplace for escaping a car lease contract, is seeing for the first time a jump in the number of people escaping their lease because of unemployment benefits coming to an end. The company says it expects to process an increase of 7.3 percent of listings in June from people whose unemployment benefits have ended... Continue »Anti-Crisis Insurance
By Tai Adelaja Russia Profile It’s Survival of the Fittest as a Depressed Auto Market Does Away With Small and Inefficient Insurers Russia’s auto insurance market is still reeling from the aftermath of the global economic turmoil as insurance premiums continue to grow on the back of accelerated auto repair costs and slow sales of new cars. It’s a tough time to be in the insurance... Continue »Operation Repo Has Nothing on Londonderry Repo
At approximately 4:30 AM yesterday morning, a “repo man” walked into the Londonderry Police Department, presented paperwork and requested assistance. When attempting to repossess a Ford Pickup Truck on Hall Road, the owner of the truck jumped into the cab and refused to leave. The pickup truck was already strapped to the “wrecker.” While officers were en route to the scene to... Continue »Auto loans at 15-year low
Interest rates on motor-vehicle loans have fallen to what finance sector insiders are describing as a 15-year low, but consumers are not exactly beating a path to the doors of local lenders. For some financial institutions, car loans represent at least 25 per cent of their retail portfolio. A Sunday Business survey of rates among some credit unions and banks carried out in the... Continue »Santander confirms offer for RBS branches
MADRID (Reuters) - Spanish group Santander (Madrid: SAN.MC - news) confirmed Friday it has made an offer for 318 British branches of Royal Bank of Scotland (LSE: RBS.L - news) , pushing ahead with a further expansion of its UK network. Santander, the eurozone's biggest lender, is the only remaining bidder for the branches, which RBS was forced to put up for sale by regulators, and... Continue »Kia Canada Inc. partners with Bank of Nova Scotia unveiling industry-first ‘StartRight’ assistance program for new Canadian immigrants
MISSISSAUGA, ON, June 16 /CNW/ - Kia Canada Inc. is pleased to announce an industry-first initiative designed to support new Canadian immigrants and foreign workers assisting in their transition and helping them purchase a new vehicle. Kia Canada Inc. is the only automotive manufacturer to currently offer this type of assistance program to new immigrants in Canada. "We understand the... Continue »Bob King, the 10th UAW President
Beating Gary Walkowicz 2,115 votes to 74 in a roll call vote, UAW's lead negotiator with Ford, Bob King, was elected the new president of the United Auto Workers (UAW) and succeeds Ron Gettelfinger, the man who led UAW through most of the automotive industry crisis. // <
[...] MANAGE – Do you do this? ... Continue »
some companies charge a fee to obtain the keys. it's leinholder's like ford that pressure their vendors to obtain keys or they have to make a working key for the car at no addtional charge. button pushing... Continue »
Looking for repossesed Touring Harley... Continue »
My husband and I have recently and FINALLY aquired insurance for our repo business, like you all, we found it very frustrating starting this... Continue »
what are these camera's called, where to find them and what is the average... Continue »